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"inidvidual" - 1 õppematerjal

CRITISIM ABOUT IMF AND WORLD BANK
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CRITISIM ABOUT IMF AND WORLD BANK

That kind of destruction was immeasurable for the nature and people of that country. IMF and World Bank who “help“ developing countries speak us still about the progress they are making and how hard they are working for it. The goal of these organizations that have helped to develop this kind of situation are doing something wrong and it effects those who aren’t so strong to protect themselves. On the criticism topic I pinted out that IMF and World Bank don’t consider countries inidvidual circumstances setting conditions. Liberalism is all about teamwork/ cooperation. If we look at the Ecuador case, then we can see that they accepted other countries and orgnaizations help from where they did not win but lose. According to liberalism life is a plus- sum game but not in this case, in this case we can see zero-sum game from what one side wins and other loses. In the economic world liberalism is good to one point when it harms others. From trade liberalization the one that

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